Prime Investment Opportunity Located at 125 & 131 US Highway 98, Eastpoint, FL 32328, this former home of Wefings Marine (operating for 24 years) presents a unique opportunity for investors and entrepreneurs looking to capitalize on a versatile property. With a total site size of 1.010 acres, this property is strategically situated in a high-traffic area, making it ideal for various residential and commercial ventures. Investment Potential: This property is zoned for multiple uses, making it a versatile investment option for a broad range of buyers. Whether you are an investor looking to develop or a business owner seeking a new location, the zoning allows for various opportunities, including retail, office, and residential uses. The substantial covered storage area is particularly attractive for businesses that require ample space to show inventory or warehouse equipment. Location Benefits: High Visibility: Located on a major highway, ensuring excellent visibility and accessibility for customers and clients. Eastpoint is the center of Franklin County, and as such, the communities of St George Island, Carrabelle, and Apalachicola are within easy reach of Eastpoint making it the most desirable location in the area, Growing Area: Eastpoint is experiencing growth, making this an opportune time to invest in the local real estate market. Don't miss your chance to acquire this prime property in Eastpoint. Contact us today to schedule a viewing and explore the endless possibilities for development and investment at this location. This is a rare opportunity to secure a versatile property in a thriving community. Act now!
Site and Improvement Description - Key Property Metrics:
• The subject property is made up of six structures on two parcels that are contiguous.
• The east parcel has a two-story CBS building with an air-conditioned office and showroom area and a one-story workshop space located behind the office building.
• The westernmost structure is a large 15,000-square-foot covered shed with walls on two sides, which is used for boat display, repair, and service.
• The property has direct frontage on US Highway 98.
• The enclosed buildings total 4,296 square feet, and the covered storage buildings total 19,380 square feet of space.
• The buildings were built in 2004 and are in average condition for their respective ages.
• The site area is estimated at 1.010 acres.
The property is zoned C-4, Mixed Use Residential & Commercial, by Franklin County. The observed condition of the building is considered average for its age and consistent with the competitive properties located within the subject's immediate submarket.
The property has been operated as an office and retail facility for over 20 years and is considered to have an efficient layout and shape for its size.
The property is located on the north right-of-way of US Highway 98 and has excellent exposure to east and westbound traffic.